The AI rotation stole the spotlight from a strong start to earnings season

The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected June reports on consumer and producer prices offered encouraging signs that inflation continued to ease, while earnings from the nation’s largest banks reinforced the strength of capital markets. At the same time, investors kept one…

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Microsoft CEO says Anthropic Fable request policy ‘doesn’t make sense’

Microsoft CEO Satya Nadella told employees Wednesday that Anthropic’s limits on requests that users submit to the startup’s high-end Fable artificial intelligence model don’t make sense. The comments come as executives express interest in cost-efficient models that don’t come from the most well funded labs can handle software development and other tasks inside companies. On…

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Apple sues OpenAI alleging trade secret theft

The Apple Park campus stands in this aerial photograph taken above Cupertino, California, U.S., on Wednesday, Oct. 23, 2019. Sam Hall | Bloomberg | Getty Images Apple on Friday sued OpenAI in federal court in Northern California, alleging trade secret theft, saying that the artificial intelligence lab took the iPhone maker’s intellectual property in order…

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Amazon, Flipkart aim for delivery-in-minutes

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of  “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India’s 15-minute delivery boom is reshaping one of the world’s fastest-growing e-commerce markets. The service, expected to account for nearly 40% of online retail…

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AI demand fuels investors’ portfolios while oil posts biggest monthly decline

An interactive display featuring artificial intelligence at the iRootech Technology Co. offices in Guangzhou, China, on Wednesday, April 15, 2026. Bloomberg | Bloomberg | Getty Images Hello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Artificial intelligence remains the market’s favorite, with investors continuing to rotate…

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